TVS Supply Chain Solutions faces tax demand over alleged short payment

TVS Supply Chain Solutions announced on December 13, 2025, that it has received an order from the assistant commissioner, Madhya Pradesh State Tax Authority. The order, dated December 12, 2025, pertains to the financial year 2018-19 and alleges short payment of outward liability and availment of ineligible credit.

The total demand includes a tax amount of ₹37,18,182, interest of ₹17,59,370, and a penalty of ₹37,18,182. Despite the demand, TVS Supply Chain Solutions stated that this tax order is not expected to have a material impact on the company's financials, operations, or other activities.

The company plans to file an appropriate response and appeal the order with the authorities within the stipulated timelines.